really impressed with time fun recently

- opinionated mechanism (creators have an excuse to launch personal tokens by selling access to dms / calls / groupchats)
- creators don't actually need to take all the calls and minutes to monetize -- speculators will trade the tokens anyway
- no gas, good web app, mobile app coming (i'm on testflight)

im still super confident a good socialfi app will happen, rooting for this team

The fundamental problem to solve for with personal tokens / creator coins / etc. is the psychological effect of a significant price decline.

1. Most people are not equipped to manage a liquid, global, 24/7 traded asset.

2. Current norms are that if someone buys an asset, they expect the person / team / organization behind that asset are incentivized long-term to make that asset more valuable.

3. When there's a significant price decline, many / most creators will be overwhelmed by the hole they now need to dig themselves out of. Layer on a bunch of angry, pseudonymous people screaming at them on the internet.

4. Additionally, what happens when you want to stop creating? Like Outdoor Boys recently did. Contrast to a publicly traded company where the founder retires—the value still continues to accrue.

Possible ways to change this

1. Invent a new asset that's time bound. Closer to a prediction market or an option. "I'm speculating on X during period Y."

2. Change norms / culture -- this is super slow.

i agree the with post from dan form a week ago

i think the future will be app specific. you wouldn't trade $woj on coinbase, but there would be 4 different $woj tokens, on timefun, on farcaster, on zora, on instagram etc

it will be a feature of an app (and not the core value prop) and the marketcaps will also vary on each app (eg $woj on farcaster will always be much more valuable than $woj on instagram)

timelines depend on how $trump and his new crypto app performs

i agree the with post from dan form a week ago

i think the future will be app specific. you wouldn't trade $woj on coinbase, but there would be 4 different $woj tokens, on timefun, on farcaster, on zora, on instagram etc

it will be a feature of an app (and not the core value prop) and the marketcaps will also vary on each app (eg $woj on farcaster will always be much more valuable than $woj on instagram)

timelines depend on how $trump and his new crypto app performs

https://farcaster.xyz/dwr.eth/0xf0859727

so we'll need the $woj index token that represents the basket of all $woj app tokens

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud” 🤠

i wish, but doubt it can work on scale, in reality every app will want to own the fees and liquidity

should actually be the same token just interoperable with different platforms kind of like how @hypersub worked

Ofc pro creators are already present across all top platforms and use each of them to make money, advertise.

Ofc you can use 2 apps but it will likely be similar to hype games (> won’t use 5 at the same time) or you(r token) will be merely a collectible, a part of a game that you advertise for (panini stickers, Sorare).

It seems many creators love to experiment (to make money) but top creators (like Mr Beast, Kanye) also understand how important it is to keep their brand value high and followers safe.

Woj project: 1B
Woj personal token: 10m
Woj dev trading card 1: ATH 1m
Woj TikTok: 5k
Woj farcaster: 50k
App 100 w/ Woj token: ATH 10m, now 0

> You may recommend your project/personal follower base these other apps, maybe even offer discounts, but you won’t use, advertise them the same way.

> We’ll see if token utility/value per platform will be unique, there’s sustainable value for creators to engage and put effort in. That could ofc change things

what happens if i want to actively use 2 apps that each create a token for me?

It’s a feature for app builders to be able to launch random shitcoins.

It’s a 0 value prop for endusers though in 99% of cases.

> creators win when doubling down on 1 top fan token
> creators might see an additional revenue stream pop up (in their wallet) and dedicate temporarily time to some niche app (and should be able to integrate this offering with their other fan token (holders))

My casts are immutable, but my opinions might get a soft fork… followed by @woj.eth 🎖️

Makes sense… but it also sounds like chaos. Will users want to manage 10 identities with 10 tokens across 10 apps?

agree, it has to be comparable but there are a few solid ways for the leading one

and we all are goin to review that @woj.eth is hot 👀 🥵 🥵

It's pretty much illegal to allow retail to to invest meaningful amounts in private companies. 

I was in charge of this fundraising round (Series D, the one that Kevin participated in). We looked into a bunch of options but there are were too many complications.

You should connect with dwr.eth, who said: 'It's pretty much illegal to allow retail to invest meaningful amounts in private companies. I was in charge of this fundraising round (Series D, the one that Kevin participated in). We looked into a bunch of options but there were too many complications.' This might offer insight on crypto app timelines like $trump's. Join the conversation in the /no channel.